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Is loan waiver a panacea for rural distress? -Nilanjan Banik

-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....

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Easier credit norms for small and marginal farmers -Zia Haq

-Hindustan Times Government’s decision is aimed to cut dependence of small and marginal farmers on usurious informal private lenders. The government has streamlined lending norms in schemes such as the Kisan Credit Card to boost institutional credit flow to small and marginal farmers who make up over 90% of people engaged in agriculture and, as a class, are highly vulnerable to risks. The aim is to cut their dependence on usurious...

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How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair

-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...

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Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)

-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...

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Know your Aadhaar -Jean Dreze

-The Indian Express Bill Gates’s claim that it raises no privacy concerns is misleading. Crucial issues that have to do with confidentiality of data and state surveillance are at stake. According to Bill Gates, privacy is not a concern with Aadhaar (‘Aadhaar doesn’t pose any privacy issue, says Bill Gates’, IE, May 3). This widely-quoted statement would have been more convincing if Gates had shown a clear understanding of the Aadhaar project....

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